Korea ' s think tank is expected to grow by 3.2 per cent

ACCORDING TO KDI, THE KOREAN ECONOMY IS EXPECTED TO GROW BY 3.2 PER CENT IN 2026, UP FROM 2.5 PER CENT PROJECTED IN MAY. THIS PROJECTION IS ALSO HIGHER THAN THE 3 PER CENT EXPECTED BY THE KOREAN GOVERNMENT AND 2.6 PER CENT PROJECTED BY THE INTERNATIONAL MONETARY FUND (IMF) LAST MONTH. ACCORDING TO KDI, THE GLOBAL DEMAND FOR CHIPS IS STRONG AND IS EXPECTED TO BE GRADUALLY TRANSMITTED TO THE DOMESTIC ECONOMY OF KOREA, WHICH WILL DRIVE ECONOMIC EXPANSION. KDI ALSO EXPECTS THAT SOUTH KOREAN EXPORTS WILL GROW BY 8.7 PER CENT THIS YEAR AND 5 PER CENT NEXT YEAR。